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Brent Oil Price Steadies After Nearing an 8 Week Low

Brent Oil Price Steadies After Nearing an 8 Week Low

The price of Brent Oil neared an eight-week low on Monday following OPEC+ closing a deal to increase Oil production. This comes in the wake of OPEC’s previous decision to keep supplies low earlier in the course of the pandemic.

OPEC Faces a New Economic Landscape

OPEC Faces a New Economic Landscape

WTI Oil futures are down 1.6% today during early hours trading, dipping below $45 per barrel, as OPEC countries fail to agree on how to proceed forward.

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